Explain Yield Management Systems (YMS)and Discuss the Types of Industry

question 114

Essay

Explain yield management systems (YMS)and discuss the types of industry where they are most appropriate.

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Definitions:

Mirror Image

Refers to the non-superimposable reflection of a molecule or object, analogous to its appearance in a mirror, often used in stereochemistry to describe chiral compounds.

Fischer Projection

A two-dimensional representation of a three-dimensional organic molecule by projection, used for representing carbohydrates and amino acids.

Trichloroheptane

A type of organic compound that has a seven-carbon chain and three chlorine atoms attached to it in various positions, leading to different isomers.

Diastereomers

Stereoisomers which are non-mirror image forms and possess distinct chemical and physical properties.